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Q.Write any four characteristics of management.

Punjab PsebPSEB Punjab Class 12 (Commerce) 2023Subjective· 4mImportance★★★★★
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Management is a goal-oriented, all-pervasive, multidimensional and continuous process.

Four main characteristics of management:

  1. Goal-oriented process — Management exists to achieve the specific goals of the organisation. All managerial activities are directed at reaching these pre-decided objectives efficiently.

  2. All-pervasive (universal) — Management is needed in every kind of organisation — economic, social or political, big or small — and in every country. Its functions are performed everywhere.

  3. Multidimensional — Management is complex and has three dimensions: management of work (tasks/goals), management of people (employees), and management of operations (the production/processes that convert inputs into outputs).

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